FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

LEWIS BRANDON
2. Issuer Name and Ticker or Trading Symbol

IMERGENT INC [ IIG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
_____ Officer (give title below)      __ X __ Other (specify below)
Former President & COO
(Last)          (First)          (Middle)

1303 N RESEARCH WAY, BLDG. K
3. Date of Earliest Transaction (MM/DD/YYYY)

3/17/2009
(Street)

OREM, UT 84097
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   3/17/2009     S (1)    37431   D $3.39   (2) 172602   D    
Common Stock   3/17/2009     M    6875   A $2.50   179477   D    
Common Stock   3/17/2009     M    30556   A $1.50   210033   D    
Common Stock Restricted   3/18/2009     D (3)    19795   D (4) $0   190238   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock (right to buy)   $2.50   3/17/2009           6875      (5) 5/8/2009   Common Stock   6875   $2.50   0   D    
Common Stock (right to buy)   $1.50   3/17/2009           30556      (5) 5/8/2009   Common Stock   30556   $1.50   0   D    

Explanation of Responses:
( 1)  Sold pursuant to a 10b5-1 plan which was filed on June 12, 2007. Mr. Lewis exercised non-qualified stock options that were set to expire on May 8, 2009. Mr. Lewis indicated he sold enough shares to pay for the exercise of those options and the taxes due on the exercise.
( 2)  Mr. Lewis sold 37,431 shares in multiple transactions occurring on March 7, 2009 at $3.39 per share.
( 3)  Forfeiture of restricted stock award.
( 4)  Represents shares of restricted stock awarded on September 19, 2008, and forfeited when the performance criteria, required for retention of the shares, was not fully achieved.
( 5)  Occurred on various dates.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
LEWIS BRANDON
1303 N RESEARCH WAY
BLDG. K
OREM, UT 84097



Former President & COO

Signatures
/s/ Brandon Lewis 3/19/2009
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Iimia Investment (AMEX:IIG)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more Iimia Investment Charts.
Iimia Investment (AMEX:IIG)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more Iimia Investment Charts.